Published Date:
12 June 2008
STELLA Artois brewer InBev has made an approach to buy Budweiser owner Anheuser-Busch in a move that would create the world's biggest brewer by volume.
The £23.40 a share proposal values the US brewer at £23.6 billion. It said it would "review the merits" of a possible tie-up that would incorporate InBevs drinks with their own.
The Missouri-based firm said: "The board will pursue the course of action that is in the best interests of Anheuser-Busch's stockholders."
InBev's Carlos Brito said he saw the combination as a "natural step for both".
The full article contains 103 words and appears in Edinburgh Evening News newspaper.
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Last Updated:
12 June 2008 11:53 AM
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Source:
Edinburgh Evening News
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Location:
Edinburgh
